LET'S SEE WHERE HEROMOTOR IS GOING . WATCH THIS STOCK NEXT WEEK ONE GOOD MOVEMENT IS POSSIBLE . BECAUSE IN AUGUST HERO WAS RELEASE EARNING DATA. THEREFORE, IT IS POSSIBLE THAT ONE GOOD MOVEMENT IS WAITING.
GUYS, SOME CONFIRMATION IS HERE BUT THEN BE MINDTREE GOES UP IGNORE THE SETUP. CONFIRMATION : 1) MINDTREE FORM RISING WEDGE BEARISH CHART PATTERN. 2) RSI INDICATING OVER BOUGHT. 3) STOCK IS TRY TOO MANY ATTEMPT TO BREAKOUT UPSIDE BUT TOO MANYTIME GET FAILED. 4) CONTINUES NO ONE STOCK GOES UPSIDE FOR SOME CORRECTION IS NECESSARY. 5) TIMEFRAME IS 1DAY...
AT CURRENT LEVEL VEDANTA FACING RESISTANCE OF FIBONACCI LEVEL . THEREFORE, STOCK FOR SMALL CORRETION GOES DOWN FOR CHECK SUPPORT AT THAT TIME WE BUY VEDANTA FOR SWING. TIME PERIOD 10 TO 15 DAY.
If banknifty goes any one direction like R&S or break any one side, banknifty goes there . But probability of the chance is BNF goes down side mostly. if i right. May be wrong may be right.
If they breakdown a support they fall more .